Qwamplify announces significant growth for the first half of 2024

Levallois-Perret, May 15, 2024 - Qwamplify (ALQWA), specialized in digital marketing, revealed its Revenue and Gross Margin for the first half of 2024, marking strong growth. Turnover reached 18.3 million euros, an increase of 11.2% compared to the previous year, and Gross Margin amounted to 12.3 million euros, increasing by 21 .2%.

The second quarter also showed robust growth with a turnover of 9.1 million euros, an increase of 4.9%. The Gross Margin increased by 22.3%, reaching 6.3 million euros. The results highlight continued organic growth and an improvement in Emailing, Analytics and Display management activities.

The company also completed the acquisition of Nouvoduo, strengthening its stake to 100%. For the rest of the year, Qwamplify expects continued commercial momentum with a positive impact on operating income thanks to investments in human and technological resources.